The technology has been dubbed “digital chassis,” and it’s caught the eye of J.P. Morgan, which advised several clients—New Enterprise Associates (NEA), Qualcomm Ventures, World Innovation Lab (WiL) and Eileses Capital—to invest in the system.

"Innovation in the car business is ramping dramatically, and we see an opportunity to make our mark upon it," said Shakeel Avadhany, CEO and co-founder of ClearMotion. "Self-driving functionality mandates a future in which cars afford not just driving pleasure, but the utility of a mobile office. We are focused about the quality of time in autos and how we transform it by digitizing our relationship to the road, allowing software to control the dynamics of the car."